Pakistan Inflation Rate 1960-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Pakistan inflation rate for 2023 was 30.77%, a 10.89% increase from 2022.
  • Pakistan inflation rate for 2022 was 19.87%, a 10.38% increase from 2021.
  • Pakistan inflation rate for 2021 was 9.50%, a 0.24% decline from 2020.
  • Pakistan inflation rate for 2020 was 9.74%, a 0.84% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Ghana 38.11%
Egypt 33.88%
Lao PDR 31.23%
Pakistan 30.77%
Nigeria 24.66%
Sao Tome and Principe 21.26%
Sri Lanka 16.54%
Angola 13.64%
Moldova 13.42%
Ukraine 12.85%
Zambia 10.88%
Kyrgyz Republic 10.75%
Mongolia 10.35%
Bangladesh 9.88%
Tunisia 9.33%
Nicaragua 8.39%
Kenya 7.67%
Cameroon 7.38%
Honduras 6.66%
Lesotho 6.34%
Morocco 6.09%
Philippines 5.98%
Solomon Islands 5.89%
West Bank and Gaza 5.87%
India 5.65%
Mauritania 4.95%
Kosovo 4.94%
Republic of Congo 4.30%
Bhutan 4.23%
El Salvador 4.05%
Indonesia 3.67%
Vietnam 3.25%
Bolivia 2.58%
Georgia 2.49%
Papua New Guinea 2.30%
Cambodia 2.13%
Djibouti 1.50%
Pakistan Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 30.77% 10.89%
2022 19.87% 10.38%
2021 9.50% -0.24%
2020 9.74% -0.84%
2019 10.58% 5.50%
2018 5.08% 0.99%
2017 4.09% 0.32%
2016 3.77% 1.24%
2015 2.53% -4.66%
2014 7.19% -0.50%
2013 7.69% -1.99%
2012 9.68% -2.23%
2011 11.92% -1.02%
2010 12.94% -0.71%
2009 13.65% -6.64%
2008 20.29% 12.69%
2007 7.60% -0.32%
2006 7.92% -1.14%
2005 9.06% 1.62%
2004 7.44% 4.53%
2003 2.91% -0.38%
2002 3.29% 0.14%
2001 3.15% -1.22%
2000 4.37% 0.22%
1999 4.14% -2.09%
1998 6.23% -5.15%
1997 11.38% 1.00%
1996 10.37% -1.97%
1995 12.34% -0.02%
1994 12.37% 2.39%
1993 9.97% 0.46%
1992 9.51% -2.28%
1991 11.79% 2.74%
1990 9.05% 1.21%
1989 7.84% -0.99%
1988 8.84% 4.16%
1987 4.68% 1.17%
1986 3.51% -2.11%
1985 5.61% -0.47%
1984 6.09% -0.27%
1983 6.36% 0.46%
1982 5.90% -5.98%
1981 11.88% -0.06%
1980 11.94% 3.67%
1979 8.27% 2.13%
1978 6.14% -3.99%
1977 10.13% 2.97%
1976 7.16% -13.75%
1975 20.90% -5.76%
1974 26.66% 3.59%
1973 23.07% 17.89%
1972 5.18% 0.45%
1971 4.73% -0.62%
1970 5.35% 2.16%
1969 3.19% 3.02%
1968 0.17% -6.64%
1967 6.81% -0.42%
1966 7.23% 1.66%
1965 5.57% 1.39%
1964 4.18% 2.72%
1963 1.46% 1.97%
1962 -0.52% -2.16%
1961 1.64% -5.31%
1960 6.95% -5.31%